Littelfuse Inc. (LFUS) Plunges 5.06% on March 22

Littelfuse Inc. (LFUS) Plunges 5.06% on March 22

Littelfuse Inc. (LFUS) had a rough trading day for Friday March 22 as shares tumbled 5.06%, or a loss of $-9.74 per share, to close at $182.72. After opening the day at $191.32, shares of Littelfuse Inc. traded as high as $191.48 and as low as $182.41. Volume was 141,892 shares over 2,764 trades, against an average daily volume of n/a shares and a total float of 24.71 million.

As a result of the decline, Littelfuse Inc. now has a market cap of $4.52 billion. In the last year, shares of Littelfuse Inc. have traded between a range of $238.11 and $155.15, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Littelfuse Inc designs, manufactures, and sells products that protect circuits against surges in voltage and current. The company sells its products globally in the following markets: electronics (53% of 2011 revenue), automotive (30%), and electrical (17%) markets.

Littelfuse Inc. is based out of Chicago, IL and has some 12,300 employees. Its CEO is David W. Heinzmann.

Littelfuse Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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